Aghazadeh Calls for Serious Production Control Measures by OPEC in 2Q 1992

Aghazadeh Calls for Serious Production Control Measures by OPEC in 2Q 1992

Iranian Oil Minister Gholamreza Aghazadeh declared in Tehran on 30 Novemberthat OPEC would need to take "serious measures" to control outputduring the second quarter of 1992 in order to avoid a drop in prices. Speakingto the Iranian news agency IRNA after his return from the OPEC conference inVienna, Mr. Aghazadeh said he foresaw no major difficulty for the oil marketduring the first...